Gold prices have broken below the critical $4,000 per ounce threshold, marking their lowest level in seven months and extending a sharp quarterly decline.
The precious metal has shed more than 25% of its value from recent peaks, raising fresh questions about the metal's role as a premier store of value in the current macro environment.
The retreat of approximately 26% over the past few months suggests that investors are increasingly rotating out of non-yielding assets, likely driven by shifting interest rate expectations or a strengthening dollar.
Despite the sustained selling pressure, a segment of Wall Street analysts remains bullish on the long-term outlook.
According to reports from Naftemporiki, several strategists view the current weakness not as a structural break, but as a tactical buying opportunity for investors with a longer time horizon.
These experts argue that the fundamental drivers supporting gold—such as central bank demand and geopolitical hedging—remain intact despite the recent price action.
The retreat of approximately 26% over the past few months suggests that investors are increasingly rotating out of non-yielding assets, likely driven by shifting interest rate expectations or a strengthening dollar.